Global Ethical Standards
In recent years, there has been an effort to develop a common set of accounting standards for nations and firms doing business around the world. This has increased the motivation, or need, to establish a global set of ethical standards, as well.
For this week’s discussion, you are required to respond to one of the questions below:
Question 1: Given the increasing integration of the global economy, should there be global standards for ethics? What are some of the challenges to this?
Topic 2: What progress has been made towards a harmonized set of global ethical standards in the U.S., Canada, or Mexico? Choose one country and explain the developments and remaining challenges to harmonization.